BASF Renewable Energy GmbH
Exemplary Projects
At BASF Renewable Energy GmbH, we are driving the energy transition by securing energy for BASF’s operations, thereby ensuring competitiveness and reducing the product carbon footprint of BASF’s chemical products. Through long-term contracts and strategic investments, we aim to ensure a sustainable and reliable energy supply for BASF’s global production sites. In the following, we present selected project examples from our global and diverse portfolio.
① Investment in Hollandse Kust Zuid: One of the world's largest offshore wind farms
One of our flagship projects is Hollandse Kust Zuid (HKZ), the world’s first subsidy-free offshore wind farm. Located in the Dutch North Sea, 18 to 36 kilometers off the coast of the Netherlands, HKZ has a total capacity of 1.5 GW, generated by 139 turbines of 11 MW each. The wind farm has been fully operational since 2023, with BASF offtaking almost half of the renewable power produced. HKZ is co-owned by a joint venture of Vattenfall, Allianz, and BASF. BASF’s share of the renewable power is used to supply major BASF production sites such as Ludwigshafen in Germany and Antwerp in Belgium.
Further details: Joint News Release - Offshore wind farm Hollandse Kust Zuid inaugurated
② Long-term power purchase agreement (PPA): Supply of offshore wind energy by Ørsted
In addition, BASF has secured renewable power through a long-term Power Purchase Agreement (PPA) with Ørsted, ensuring access to offshore wind power from the Borkum Riffgrund 3 wind farm in the German North Sea. Under this 25-year agreement, BASF has contracted 186 MW of capacity from the total 913 MW wind farm, which is expected to become fully operational in 2026. This renewable power will – among other uses – supply BASF’s flagship site in Ludwigshafen, the world’s largest integrated chemical production complex. The Ørsted PPA is a critical component of BASF’s decarbonization strategy, significantly reducing the company’s CO₂ emissions over the coming decades.
Further details: Ørsted and BASF sign a 25-year offshore wind power purchase agreement in Germany
③ Long-term power purchase agreement (PPA): 25 years of renewable power from ENGIE
BASF’s renewable power portfolio is further diversified by the long-term PPA with ENGIE, sourcing renewable power from wind and solar farms across Europe. Under this agreement, which is active since 2022, BASF receives 20.7 TWh of renewable power over a 25-year period, ensuring price stability and security of supply for key production sites in Europe. This collaboration underscores BASF’s commitment to building a sustainable and resilient renewable power infrastructure that aligns with EU climate and renewable power targets.
Further details: Joint News Release - ENGIE and BASF sign power purchase agreement for renewable energy in Europe
④ Investment into solar park: Renewable power for BASF site in Schwarzheide, Germany
BASF has also invested in a solar park to supply renewable power to BASF’s second-largest site in Germany: Schwarzheide. This 24-hectare facility has a capacity of approximately 24 MW and has been operational since 2022. The renewable power generated by the solar park is mainly used to supply BASF’s Schwarzheide production site, which, among other activities, focuses on manufacturing battery materials for electric vehicles. The project was developed in collaboration with enviaM, a key partner in promoting renewable power solutions in the region.
⑤ Investment into Offshore Wind: Renewable power from South China Sea
BASF and Mingyang Smart Energy are jointly developing a 500 MW offshore wind farm in Zhanjiang, Guangdong province, China, through their joint venture Mingyang BASF New Energy (Zhanjiang) Co., Ltd. (Mingyang: 90%, BASF: 10%). The project, approved by Chinese authorities, is set to begin operations in 2025. The majority of the renewable power will supply BASF’s Zhanjiang Verbund site, which is BASF’s third-largest Verbund site worldwide. This project supports BASF’s carbon-neutral growth strategy and contributes to the green transformation of the chemical industry in China.
Further Details: BASF and Mingyang form joint venture for offshore wind farm in South China
⑥ Long-term power purchase agreement (PPA) with X-Elio: Solar power in the U.S.
In the United States, BASF has entered into a long-term PPA with X-Elio, a global leader in solar power. Under this agreement, BASF will procure 48 MW of renewable power from X-Elio’s Texas facility. The renewable power will primarily be used to supply BASF’s Freeport site, one of the company’s largest production facilities in North America. This collaboration is part of BASF’s broader commitment to achieving net-zero emissions by 2050 while reducing its environmental footprint in the U.S. market.
⑦ Long-term natural gas supply agreement: Ten-year partnership between Equinor and BASF
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BASF and Equinor have entered into a strategic partnership and signed a ten-year supply agreement for up to 23 terawatt hours of natural gas per year. The agreement secures a significant portion of BASF’s natural gas requirements in Europe and supports the diversification of its energy and raw material portfolio.
The Norwegian natural gas, delivered under market-standard conditions, is characterized by particularly low emissions during extraction and transport, contributing to the reduction of the CO₂ footprint.
The partnership with Equinor not only strengthens supply security but also supports BASF’s sustainability goals.
Further details: BASF and Equinor confirm strategic partnership and sign ten-year natural gas supply agreement
Picture Credits: Equinor / Even Fløgstad
